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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

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Post by Lash99on Feb 25, 2024 11:18pm
378 Views
Post# 35898370

Financials

Financials

Well Folks ,
at least we have some news this week. I know last years financials will be less than the year before , their debt is now more , by quite a bit but ... this company is now a shadow of its former self. Disposing of the last asset in North Dakota and purchasing Hammerhead Energy has put this company into the elite zone. Projected to be producing over 200,000 boe's per day all this company needs now are higher oil prices . That and maybe the Transcanada Pipeline in which I don't know how much it will help but maybe someone on this board can help explain what the opportunities are there. 

Anyway for those that aren't on this board very often and are just looking for info , the Financials are out Thursday morning pre market. Anyone else want to add ? Glta Lash

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